Kallars says ..

Property Oracle says ..

This listing presents an opportunity to purchase a plot of land situated on Old Watling Street in Higham, Kent. The property is described as an ‘option agreement opportunity on a sizable plot in ME2’. The aerial photographs show a plot of land sandwiched between residential properties, indicating a fairly established and developed area. The proximity to several Southeastern train stations, including Cuxton, Higham, Strood, Halling and Rochester provides reasonable access to commuting routes and major infrastructure. Several primary schools are located within a radius of approximately 1 to 1.5 kilometers, making it a potentially family-friendly area. However, the specific size of the plot is not explicitly given, which is a key omission preventing a more thorough assessment of the property’s value. Further investigation into planning permission, potential building restrictions, and soil surveys would be crucial before making any purchase decisions. The absence of essential details such as square footage for both the plot and any existing buildings considerably limits the analytical capabilities. The nearby property sales listed show properties at a wider range of prices from under 100,000 to well over 700,000, this price range emphasises the lack of detailed information in this listing. The lack of specific detail regarding the condition of the land, and surrounding properties, along with the uncertain information available, makes an accurate assessment of the value challenging. Potential buyers need to conduct thorough due diligence, including obtaining accurate plot dimensions, verifying planning permissions, and undertaking necessary surveys before making a commitment. In summary, this is an investment that needs careful consideration and investigation. Prospective buyers should thoroughly research all aspects of the property before committing to a purchase.

Therefore, we give this property 6 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

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